Square today opened its Square Cash service to the public, allowing users in the United States to send money using just an email and a debit card. The service is designed to be simple, and money can be sent by sending an email to the intended recipient with a dollar amount in the subject line and cash@square.com in the CC field.

To go along with the service, Square has released a new Square Cash iOS app, designed to simplify the process even further. After installing the app, it can be used to enter a dollar amount, which is then automatically entered into an email template to complete the money sending process.

squarecash

Send money to anyone with an email address. It’s fast, safe, and free!

No account needed. Just securely link your debit card to start sending money. It’s free to send, and free to receive money directly to your U.S. bank account.

Secure. Your financial information is entered through a secure connection and kept private. You can confirm or reject any transfer.

Fast. Money automatically deposits to your bank account within 1–2 business days.

Users that are new to the service will get an email from Square that includes a link to a secure website where debit card numbers can be entered. An account only needs to be set up once; after a debit card is stored, it can be used for each transaction. Payments take one to two business days to clear, and Square Cash is free for both senders and receivers. There is, however, a $2,500 per week sending limit, and the service is limited to users in the United States.

Square Cash can be downloaded from the App Store for free. [Direct Link]

Top Rated Comments

fhall1 Avatar
102 months ago
assuming this won't be possible to use on ebay? since ebay just bought paypal?

just??? ebay bought paypal in July 2002!
Score: 4 Votes (Like | Disagree)
2457282 Avatar
102 months ago
This could be huge. If this goes beyond the US, this could kill Western Union which charges huge amounts for immigrants that send money to their families abroad. Square has already proven itself as being secure in the money transaction handling, so I don't see security as a big problem.
Score: 2 Votes (Like | Disagree)
mrfletch Avatar
102 months ago
I believe the sender is charged $0.50 per transaction.

Sending $10 actually charges $10.50 to your account if I recall correctly.
Score: 2 Votes (Like | Disagree)
jayducharme Avatar
102 months ago
Secure. Your financial information is entered through a secure connection and kept private.

Yeah, I've heard that before....

I do not have any protection if my debit card is stolen ( on the credit card side, any liability is borne by the bank).

That's my big concern as well. I'd feel more comfortable if the account was tied to my credit card, not my debit.
Score: 1 Votes (Like | Disagree)
polymersayb Avatar
102 months ago
I believe the sender is charged $0.50 per transaction.

Sending $10 actually charges $10.50 to your account if I recall correctly.
The website claims it's free, and FWIW the temporary charge on my card is exactly $2 (not $2.50). It was $0.50 in the beta I think (I checked it out a little while ago but didn't know anyone to hook me up). I guess this is a loss leader to advertise their register? Well I'm fine with that. I'm fine with $0.50 as well if they want to charge in the future.
Score: 1 Votes (Like | Disagree)
joelisfar Avatar
102 months ago
Seems strange how this has nothing to do with cash as in paper money. I guess they're trying to make people forget about that.
Score: 1 Votes (Like | Disagree)

Top Stories

REC ASA CODE2016 20160601 205816 2745

Elon Musk Reportedly Demanded to Become Apple CEO as Part of Potential Tesla Acquisition [Update: Musk Denies]

Friday July 30, 2021 9:04 am PDT by
Tesla CEO Elon Musk reportedly once demanded that he be made Apple CEO in a brief discussion of a potential acquisition with Apple's current CEO, Tim Cook. The claim comes in a new book titled "Power Play: Tesla, Elon Musk and the Bet of the Century," as reviewed by The Los Angeles Times. According to the book, during a 2016 phone call between Musk and Cook that touched on the possibility of ...
General Apps Messages

Android iMessage Competitor Puts Pressure on Apple

Friday July 30, 2021 3:15 am PDT by
Google and the three major U.S. carriers, including Verizon, AT&T, and T-Mobile, will all support a new communications protocol on Android smartphones starting in 2022, a move that puts pressure on Apple to adopt a new cross-platform messaging standard and may present a challenge to iMessage. Verizon recently announced that it is planning to adopt Messages by Google as its default messaging...
a15 chip

iPhone 13 and Redesigned MacBook Pro Chip Production Hit With Gas Contamination

Friday July 30, 2021 5:44 am PDT by
The most important TSMC factory that manufactures Apple's chips destined for next-generation iPhone and Mac models has been hit by a gas contamination, according to Nikkei Asia. The factory, known as "Fab 18," is TSMC's most advanced chipmaking facility. TSMC is Apple's sole chip supplier, making all of the processors used in every Apple device with a custom silicon chip. Industry...
Apple watch series 5 new case material made of titanium 091019

Titanium Apple Watch Series 6 Models Currently Widely Unavailable

Sunday August 1, 2021 6:21 am PDT by
Models of the Apple Watch Series 6 with titanium cases part of the "Apple Watch Edition" collection is currently widely unavailable for pick-up in several of Apple's retail stores in the United States and is unavailable entirely for delivery in major markets. Noted by Bloomberg's Mark Gurman in the latest edition of his "Power On" newsletter, titanium models of the Apple Watch Series 6,...
iPhone 13 Always On Feature

iPhone 13 to Bring Over a Major Feature From the Apple Watch

Wednesday July 28, 2021 2:21 am PDT by
Apple's upcoming iPhone 13 lineup will feature an always-on display akin to the Apple Watch Series 5 and Series 6, according to recent reports. In his weekly Power On newsletter, Bloomberg journalist Mark Gurman, who often reveals accurate insights into Apple's plans, said that the iPhone 13 may feature an Apple Watch-inspired always-on mode. The Apple Watch Series 5 and Apple Watch...
apple rtp land

Apple Preparing to Occupy 200,000 Square Feet of Temporary Space Ahead of New $1 Billion North Carolina Campus

Thursday July 29, 2021 9:14 am PDT by
Back in April, Apple announced a $430 billion investment over the next five years to create more than 20,000 new jobs as the company continues to expand. One significant piece of that plan is a new engineering and research center in North Carolina where Apple will be investing over $1 billion and hiring at least 3,000 employees. Assemblage of seven properties in Research Triangle Park owned by ...
telegram

Bumper Telegram Update Enables Video Calls With Up to 1,000 Viewers

Saturday July 31, 2021 12:13 am PDT by
Telegram Messenger has received a major update to its video capabilities, including support for video calls with up to 1,000 viewers. Group video calls in Telegram allow up to 30 users to stream video from both their camera and their screen, and now a maximum of 1,000 people can tune into the broadcast. Telegram says it intends to continue increasing this limit "until all humans on Earth...
app store blue banner

Elon Musk: Apple's App Store Fees Are a 'De Facto Global Tax on the Internet'

Friday July 30, 2021 10:04 am PDT by
Tesla CEO Elon Musk took to Twitter today to criticize Apple's App Store fees in a tweet that sides with Epic in the ongoing Epic v. Apple dispute. "Epic is right," wrote Musk, before going on to call Apple's App Store fees a "de facto global tax on the Internet." Musk earlier this week made veiled comments about App Store fees, but today's statement is a much more direct criticism....
FaceID iMac REREREREMIX

Top Stories: Face ID on Future Macs, Elon Musk Criticizes Apple, and More

Saturday July 31, 2021 6:00 am PDT by
This week saw an interesting range of Apple news and rumors, including a blockbuster earnings report, rumors about next year's "iPhone 14" and Face ID coming to Macs, and more. Subscribe to the MacRumors YouTube channel for more videos. Other popular topics included Apple's crackdown on leaks, changes in the latest round of betas for iOS 15, iPadOS 15, and macOS Monterey, and several stories...
duracell battery bitter coating

Apple Says Don't Buy AirTag Replacement Batteries With Bitter Coating

Wednesday July 28, 2021 11:08 am PDT by
Since AirTags were just released earlier this year and are expected to have a year-long battery life, it may be some time yet before AirTag users need a replacement battery, but when the time comes for a refresh, Apple is warning customers not to buy batteries with a bitter coating. AirTags use coin-shaped CR2032 batteries, which happen to be a size that's easy to swallow. Some battery...